Computational Fluid Dynamics

Over just the past fifteen years, the use of Computational Fluid Dynamics (CFD) has become mainstream in ship design.

Biggest Spenders So Far in 2015

The biggest spender on second hand tonnage in the first half of 2015 is United States-based transporter of crude ...

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Euronav Seals Deal for VLCC Quartet

Antwerp-based tanker company Euronav has struck a deal for the acquisition through resale of four VLCCs which are ...

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Euronav Cuts Loss

Euronav posted a net loss of USD 3.9 million for the three months ended 31 December 2014, slashing losses from the ...

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Euronav Assigns USD 235.5 Mln for Maersk’s VLCCs

Having closed its Initial Public Offering (IPO) of ordinary shares on NYSE, Euronav NV said it would repay the USD ...

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Euronav Launches US IPO

Shipping company Euronav NV has launched its underwritten initial public offering in the United States of ...

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Euronav Going Strong

VLCC earnings are up 80% for the third quarter compared with the third quarter last year, Antwerp-based tanker ...

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Euronav Shelves IPO, Takes Facility

Euronav Shelves IPO, Takes Facility

Belgium-based tanker operator Euronav NV has decided to postpone its initial public offering of ordinary shares in ...

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Euronav Selling Shares

Belgian tanker owner Euronav NV has filed a registration statement with the U.S. Securities and Exchange Commission ...

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Euronav: VLCC and Suezmax Rates Recovering

Suezmax rates have reached their highest level since January 2014, said Paddy Rodgers, CEO at Euronav, ...

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Euronav’s VLCC Fleet Additions Owned by Maersk

Euronav’s four recently purchased fleet additions worth $342m were bought from Maersk Tankers, the Danish ...

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EURONAV Resumes Its Shopping Spree

Crude tanker company EURONAV is further strengthening its fleet capacity and this time with a deal to purchase four ...

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Euronav’s Vessel Deal with Maersk Half Way There

Euronav's Deal with Maersk Half Way There

In January this year Euronav NV disclosed the acquisition of fifteen Very Large Crude Carriers (VLCC) from Maersk ...

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Euronav: Capital Increase for Maersk VLCC Fleet ...

Euronav said that the meeting of shareholders has approved a USD 300,000,000 capital increase against issuance of ...

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Euronav Completes Debt Financing of Maersk VLCC Fleet ...

Euronav NV has reported that debt financing of the Maersk VLCC fleet acquisition is completed. Namely, the company ...

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Euronav Sells VLCC Luxembourg

Euronav NV has sold its oldest double-hulled VLCC Luxembourg (1999 –299,150 dwt), for USD 28 million. The vessel is ...

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Euronav to Acquire 15 VLCCs from Maersk Tankers Singapore

Euronav announced that it has entered into a contract to acquire fifteen (15) Very Large Crude Carriers (VLCC) from ...

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Euronav Gets USD 41.7 Mil VLCC Ardenne Venture

Euronav NV yesterday announced that the company sold the double-hulled VLCC Ardenne Venture (2004 –318,658 dwt), ...

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Euronav Announces Extension of FSO Financing

Euronav announced that it has, jointly with Overseas Shipholding Group, Inc., signed a two-year extension of the ...

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Euronav Announces Extension of 4 Years on Its USD 300 ...

The executive committee of Euronav NV yesterday announced that it has signed an extension of 4 years on its USD 300 ...

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Euronav Sells Newbuild Suezmax ‘Cap Isabella’

The executive committee of Euronav NV announced that the company sold the Newbuilding Suezmax Cap Isabella (2013 – ...

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Belgium: Euronav Sells VLCC Algarve

The executive committee of Euronav NV announced that the company sold the VLCC Algarve (1999 – 298,969 dwt) for a ...

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